HedgeMountain

Fine Capital Partners, L.P.

New York, NY · CRD 156889
Hedge fund manager

Fine Capital Partners, L.P. is an SEC-registered investment adviser based in New York, NY that reports managing 2 hedge funds on Form ADV. It reports $986.0 million in regulatory assets under management. Its private funds, of all types, hold $986.0 million in gross assets. Its disclosed U.S. stock holdings returned an estimated -2.8% 2025 YTD through Sep 30 (S&P 500: +13.7%), based on 13F filings. Over a longer period they returned an estimated -20.0% from Q3 2024 to Q3 2025, compared with +22.4% for the S&P 500, based on 13F filings.

Regulatory assets under management
$986.0 millionForm ADV Item 5.F
Gross assets of private funds
$986.0 millionAll private fund types, Form ADV
Hedge funds managed
22 private funds in total
Employees
4Form ADV Item 5.A
Registration
SEC-registered adviserCRD 156889
Latest Form ADV
05/05/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2025 YTD-2.8%Through Q3 2025 · S&P 500 +13.7%
Est. 2-year return-20.0%Q3 2024 – Q3 2025
S&P 500+22.4%Same quarters, price only
13F holdings$563.3 million1 positions, 2025-09-30
$80$101$122Q3 2024Q1 2025Q3 202513F est. $80S&P 500 $122
QuarterEst. 13F returnS&P 500
Q3 2025-12.6%+7.8%
Q2 2025+11.2%+10.4%
Q1 2025+0.0%-4.5%
Q4 2024-4.8%+2.1%
Q3 2024-13.5%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Light & Wonder Inc$563.3 million

As of 2025-09-30, from 13F filing by Fine Capital Partners, L.P..

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures